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a lot of taxes and a lot of stories are moving in california moving from deep in the ready to in the black and coming at a high price in california. is it likely democrats will sell the story, that spending is not,er so, spending cuts are not the way to go, raising more revenue, more taxes is? >> oh, look i'm certain that is coming. there is no question in my mind that is coming but i can also assure you, bill, what is coming from the other side in the long run that hurts economic growth. in the long run that will bring about less revenue rather than more. what you're doing there you're taking money away from job creators. ultimately you will kill jobs that will bring about less revenue and everyone hurts as a result of that. it is not just those at the top end of the economic scale. it is those along every end of the spectrum and especially those who are hard-working americans living paycheck it paycheck. that is who those tax increases really hurt. in the end the government loses as well. bill: senator, thank you for your time because as we're asking these questions and t
is a tax credit that was part of the economic stimulus originally, he sought $500 and i think ultimately, law was less than that. that was a classic compromise that he did not get. another compromise was his promise to repeal the bush tax cuts for higher income. his goal was couples making more than 200th $50,000 or couples making $200,000 and the fiscal cliff deal did not achieve that. we rented that a compromise. let's go to fort lauderdale,. caller: with respect to not keeping a promise for negotiations with a health kicce -- i think that a somewhat wrong. i have watched the other representatives of congress on tv every day negotiating and debating and putting their facts together. the final decision between nancy pelosi and the head of the sun -- of the senate when they finally came out with exactly what the bill would be -- it was done behind closed doors. the putting together of the bills, people putting in their amendments, was actually done on cspan every day and i watched that. secondly, with respect to these people calling about taking away guns. there is nothing about taking a
more revenue, through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it is fair, for example, to ask a senior to pay more for his or her health care or a scientist to shut down life heavy saving research so the that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it is smart to protect endless corporate loopholes and tax breaks for the wealthiest americans, rather than rebuild our roads and our schools, invest in our workers skills or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way where everybody pulls their weight, everyone does their part. th
it for 50 percent less than we do. their taxes are not so high or their taxes go do help them opposed to paying for mindless bureaucracy. >> norway is number one. peter, will you renounce your citizenship or america still the best country to live? >> why would i renounce being an american? i have great hope and faith in our country. my feeling is we are the most innovative society and welcomes everyone including my grandfather, a cigar maker if lower manhattan in 1902. this is the greatest place to be in the world. we will get through it. we may need new leadership to do it but we will get there. >> i will read this from gerri willis saying the primary reason for the slip in the ranking decline in the number of united states citizen would believe hard work will get them ahead. you say what, peter? >>peter: she is right. when a president manages to get himself elected by having half of the population pay no taxes and saying i will give you new benefits, by taxing more of the 1 percent because we have a lot of envy and we are jealous, that will encourage people not to work and it will e
and the issues we deal with in the coast and trying to tie that to the tax base and relate that both from a local regional perspective but also a national perspective. when you look at it, 30% of this nation's g.d.p. comes from the gulf coast. you look at the population increase we've had. since 1970, there has been 109% increase in the gulf coast region. the people are there, the vulnerabilities are there but also it is significant to what it provides to the nation. from the states perspective and also from the gulf we recognize that healthy ecosystems also can mean healthy economies. from louisiana, what we have taken -- what we believe is a very good first effort the addressing the vulnerabilities that exist in reducing that risk is with the state's matter of fact plan which is a long- term plan to reduce the economic significance and reduce the risk across the coast. we believe we can achieve protection for all coastal communities. it is that resource that is important. the states provide and the gulf provides to the nation, it if it is going to be afforded through the nation. we believe with
, hidden taxes will take a painful bite. inside is the story from that conley who friends the argument more so in the washington d.c. area. local residents will be paying uncle sam more in 2013, between the two percent increase in payroll tax and to lesser known provisions buried in the fiscal cliff deal. there is also the issue of the health care tax, which also may hit some individuals. more details from the washington sunday examiner. the question we are focusing on is whether the president will bypass congress to raise the debt ceiling. we are getting your calls in common. buddy on the republican line. caller: good morning. it would not surprise me that he does raise the debt ceiling. the president alone spent over $1 billion last year just to himself. when does it stop? obviously he has never had a checkbook. i get a bill, i pay it. why do they just keep putting money out, putting money out, not take care of what they're doing doing, not realizing what they're doing? host: they give for the call. this from twitter -- the focus on the 14th amendment, section four, basically says that th
Search Results 0 to 5 of about 6